Southeast Airport (ASR) Accumulated Expenses (2009 - 2024)

As of Dec 30, 2023, Southeast Airport reported Accumulated Expenses of $187.36 million, up 8.8% from the prior year.

• Annual Accumulated Expenses has increased for three straight years, with a five-year compound annual growth rate of 18.4% (years ended Dec 2018 to Dec 2023).
• Across earlier years, Accumulated Expenses came in at $172.15 million in the year ended Dec 30, 2022 (+22.4%), $140.69 million in the year ended Dec 30, 2021 (+135.4%) and $59.77 million in the year ended Dec 30, 2020.
• Quarterly Accumulated Expenses has ranged from $61.93 million in the quarter ended Dec 30, 2020 to $339.79 million in the quarter ended Sep 30, 2023 over the past five years.
• On a year-over-year basis, Accumulated Expenses rose in six of the last eight quarters, with growth averaging 33.8%.
• Peak year-over-year performance for Accumulated Expenses in the last five years was growth of 131.3% in the quarter ended Jun 30, 2023, against a decline of 39.8% in the quarter ended Sep 30, 2024 at the low end.
• Per Business Quant, the preceding three quarters came in at $208.41 million (quarter ended Jun 30, 2024), $208.1 million (quarter ended Mar 31, 2024) and $187.36 million (quarter ended Dec 30, 2023).